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APCIA: “The Time is Now to End AOB Abuse for Floridians;” AOB Legislation Ready for Senate Floor

Tallahassee, Fla. — The American Property Casualty Insurance Association today issued the following statement, attributed to its Regional Manager of State Government Affairs Logan McFaddin, regarding Senate Bill 122, by Senator Doug Broxson (R-Gulf Breeze), relating to Agreements Between Service Providers and Consumers, passing the Senate Rules Committee.

“APCIA applauds the members of the Senate Rules Committee for advancing assignment of benefits legislation today that will help Florida policyholders on the home and commercial sides.

“Addressing AOB abuse is vital to putting a stop to the number of AOB lawsuits filed in Florida, which are only growing steeper with each passing year and resulting in higher insurance costs.

“The time is now to end AOB abuse for Floridians. We look forward to working with our elected officials as this good public policy readies for the Senate floor to ensure Florida home and business owners alike are protected from bad actors who are taking advantage of them and our legal system just to put more money in their own pockets.”

Representing nearly 60 percent of the U.S. property casualty insurance market, the American Property Casualty Insurance Association (APCIA) promotes and protects the viability of private competition for the benefit of consumers and insurers. APCIA represents the broadest cross-section of home, auto, and business insurers of any national trade association. APCIA members represent all sizes, structures, and regions, which protect families, communities, and businesses in the U.S. and across the globe.

Representing nearly 60 percent of the U.S. property casualty insurance market, the American Property Casualty Insurance Association (APCIA) promotes and protects the viability of private competition for the benefit of consumers and insurers. APCIA represents the broadest cross-section of home, auto, and business insurers of any national trade association. APCIA members represent all sizes, structures, and regions, protecting families, communities, and businesses in the U.S. and across the globe.